Indianapolis Oasis

Nonprofit profile at a glance

EIN
272392510
IRS 990 coverage
2011–2022
Forms available
Form 990 2022
Location
St Louis, MO, USA
Phone
3173963751
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Centers

Reported finances

Revenue
$21,700
Expenses
$40,306
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • HEATHER HERSHBERGER (CONSULTING EXECUTIVE DIRECTOR)

Highest reported compensation

  • LYNDSEY REICHARDT MPA CFRE (SECRETARY/TREASURER): $116,650 total reported compensation
  • HEATHER HERSHBERGER (CONSULTING EXECUTIVE DIRECTOR): $15,132 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote successful aging for adults age 50 and older through lifelong learning, health programs and volunteer engagement. Our vision is that adults age 50 plus have opportunities to pursue vibrant, healthy, productive and meaningful lives.

What it reported doing in 2022

Health - indianapolis oasis focuses on increasing awareness, knowledge and skills of older adults to address their individual health needs. The classes emphasize physical activities and exercise, nutrition and cooking. Classes such as the highly recognized matter of balance evidence-based 8-session health program taught by trained older adult volunteers also address health issues facing older adults. In 2019, indianapolis oasis began offering the aging mastery program (amp), a program designed to inform, encourage, and support older adults as they take steps to improve their lives and engage with their communities.(continued in schedule o)(continued from form 990, part iii) amp is all about feeling better today and staying healthy for the future by utilizing volunteers to work with older adults in community settings to develop sustainable behaviors across many dimensions that lead to improved health, stronger economic security, enhanced well-being and increased social participation. Peer-led discussions give trained volunteers the opportunity to help older adults develop new norms and pathways in retirement. The 10 core classes combine a peer-supported classroom-like structure with social rewards. Throughout the covid-19 pandemic, classes were offered virtually.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 90
  • Accountability: 72
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 41.8%; rating input score 42
  • Fundraising efficiency: $0.28 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 23rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -85.7%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 74.8%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -17.1% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -10% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -8.2% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 75.1% of revenue deployed · 41.8% of spending went to programs
  • Governance: 3 of 4 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $17K in reported program spending
  • Leadership: top reported pay $117K · 5 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2011 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.